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Mariana [72]
3 years ago
12

If goods A and B are substitutes, a decrease in the price of good B will:

Business
1 answer:
Licemer1 [7]3 years ago
5 0

Answer:

decrease the demand for good A.

Explanation:

Under the cross price elasticity of demand, there are two goods i.e substitute goods and the complementary goods.

The substitute goods shows the positive relation between the price of good B and the demand of good A. That means if the price of good B decreases. then the demand of good A is decreases and vice versa

Whereas, in the case of complimentary goods, it shows a negative relation between the price of good B and the demand of good A. That means if the price of good B decreases. then the demand of good A is increases and vice versa

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Determine whether each of the following topics would more likely be studied in microeconomics or microeconomics.
Jlenok [28]

Answer:

<u>The effect of government regulation on a monopolist's production decisions</u>

Explanation:

The effect of a large government budget deficit on the economy's price level

The superavit or deficit of the government is a macroeconomics subject.

The money market is also macroeconomics.

The impact of regulation or specifit taxes or tax extemption on a monopolist's production will be part of microecnomics, because it will impact on which level the monopolist's production finds equilibrium after the legislation.

4 0
3 years ago
Public relations personnel are constantly using the Web and social networks to communicate information about their employers and
Ratling [72]

Answer: Internet transparency

Explanation:

Internet or network transparency is defined as the process where a protocol transmits data transparently or invisibly to those who are using the applications that the protocol uses. This allows the person to access the information no matter where they are. An example is when people access files in the clouds, regardless of where they are, they can access the information.

 

Internet transparency allows the person not to have to worry about the location of the protocol, that is, they do not have to worry about which machine they are on, but can access it through another computer.

8 0
3 years ago
Smith Wholesale budgeted sales price is $40 per unit for an budgeted sales volume of 5,000 units. The actual performance was 5,5
alex41 [277]

Answer:

$20,000 Favorable

Explanation:

As for the provided information, we have:

Sales Volume Variance is defined as the variance arising due to difference in sales quantity based on standard price.

Formula for the above = (Actual Sales - Budgeted Sales) \times Standard Price

= (5,500 - 5,000) \times $40

= $20,000

This variance shall be categorized as favorable, as the actual sales quantity is more than the static budgeted quantity.

Therefore, Sales Volume Variance = $20,000 Favorable

8 0
3 years ago
What does this quote mean to you?
AveGali [126]

Answer:

It means alot to me it helps me understand what my destiny is

Explanation:

8 0
3 years ago
Industries that produce A. durable goods are more affected by recessions than is the economy as a whole. B. goods that are expec
tatuchka [14]

Answer:

A. durable goods are more affected by recessions than is the economy as a whole

Explanation:

The industries produce those types of goods that are durable also it could highly impacted whenever the recessions come in the market if we compared with the overall economy

Here durable goods means the goods that can be consumed for the longer time like cars, home appliances, etc

Therefore the above statement should be true

hence, the correct option is a.

6 0
3 years ago
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